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Markets Right Now: Stocks are opening higher on Wall Street

Stocks are opening higher on Wall Street, led by solid gains in big technology and health care companies.

Reported by: AP [ Published on: November 28, 2018 20:30 IST ]
Image Source : AP Markets Right Now: Stocks are opening higher on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local):

9:35 a.m.

Stocks are opening higher on Wall Street, led by solid gains in big technology and health care companies.

Apple added 1.2 percent in early trading Wednesday and health insurer UnitedHealth Group rose 1.8 percent.

Software maker Salesforce.com jumped 6.5 percent after reporting a big beat in earnings.

Tiffany plunged 9.5 percent after saying Chinese tourists weren't spending as much in its stores.

The S&P 500 index rose 12 points, or 0.5 percent, to 2,695.

The Dow Jones Industrial Average rose 165 points, or 0.7 percent, to 24,905. The Nasdaq composite climbed 46 points, or 0.7 percent, to 7,128.

Bond prices fell. The yield on the 10-year Treasury note rose to 3.06 percent.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.

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